Question: these 3 pictures are from the same problem just didnt have enough room to get it into One picture 4. Summarize the journal entry effects


4. Summarize the journal entry effects from part 3 using T-accounts. Use the June 30,2019 , ending balances as the beginning balances for the July-September 2019 quarter. (Enter your answers in millions (1.e., 10,000,000 should be entered as 10).) PA2-3 (Algo) Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet [LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5] [The following information applies to the questions displayed below.] Julle's Allen Interiors Incorporated is a leading manufacturer and retaller of home furnishings in the United States and abroad. The following is adapted from Julle's Allen's June 30,2019 , trial balance. (The amounts shown represent millions of dollars.) Assume that the following events occurred in the following quarter. a. Paid $60 cash for additional inventory. b. Issued additional shares of common stock for $25 in cash. c. Purchased equipment for $190; paid $90 in cash and signed a note to pay the remaining $100 in two years. d. Signed a short-term note to borrow $13 cosh. e. Conducted negotiations to purchase a sawmill, which is expected to cost $34. A2-3 (Algo) Part 4 Summarize the journal entry effects from part 3 using T-accounts. Use the June 30, 2019, ending balances as the beginning balances for the July-September 2019 quarter, (Enter your answers in millions (1.e., 10,000,000 should be entered as 10).) (1) Required information Ending Balanco \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Equipment } \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Notes Payable (shorttorm) } \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balanco & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Common Stock } \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Ending Balanco Retained Earnings \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Debit } & & \\ \hline & Beginning Balance & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & & \\ \hline \end{tabular}
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